CoreWeave Slides on Debt; TSMC Moves on Outlook | Stock Movers

CoreWeave (CRWV) shares slid as its debt weakened, with credit-default swaps pricing in a more than 50% chance of default within five years and bonds yielding 15%. TSMC projected sales of up to $54.3 billion in the December quarter, but the upbeat outlook failed to stem a global tech rout. RocketLab (RKLB) fell as it delayed its Neutron rocket's first flight to 2027.